Latest news with #Davidson
Scoop
10 hours ago
- Business
- Scoop
Rents Fall For First Time Since 2009
, Money Correspondent Rents have fallen on an annual basis for the first time since late 2009, property research firm Cotality says. Its latest data points to an update from the Ministry of Business, Innovation and Employment, which showed national median rents in the three months to May were down 0.3 percent from the year before. It follows reports of drops in the price being asked for advertised rental properties. Cotality chief economist Kelvin Davidson said it was a notable change after big rental increases between 2021 and 2023. "I think it's quite significant. There aren't many periods in the past where rents have fallen. The latest numbers are only down slightly but you have to go back to 2009 to find a period where annual rental growth on these numbers has been negative and before that it was the late 1990s. So around the Asian financial crisis and the GFC." He said it showed a shift in the market. Auckland and Wellington had experienced bigger drops. Auckland's rents were down almost 2 percent year-on-year. Dunedin experienced strong rental growth, up almost 10 percent. Hamilton's were also up, but only about 4 percent. "I'm not saying it's easy to be a tenant by any means but the growth rate has petered out. That's consistent with the fact that rents are already high. That's a natural handbrake on any further growth, as well as migration coming down to reduce the marginal extra demand for property. And of course more listings on the market too." He said a change in the composition of the rental market, with more, smaller, properties coming on to the market could have influenced the drop but would not be the full story. Davidson said it should not be expected that rents were going to decline steadily for a long period of time. "What's more likely is that you get a long flat patch and that's how the rental market tends to adjust, the rents go flat for a while and affordability is improved by incomes going up. "Of course the flipside is for landlords there's going to be continued challenges in terms of getting rental increases through if that's what they're looking to do." The data showed house price values nationwide increased 0.2 percent in June but were down 0.1 percent over three months, In the 12 months to June, 85,951 properties changed hands. The average gross rental yield now stand at 3.8 percent, which is the highest level since mid-2016. This measures rental income as a proportion of the value of property.
Yahoo
20 hours ago
- Entertainment
- Yahoo
Pete Davidson Admits He Was Concerned About Not Being a 'Very Good' Comedian After Getting Sober
Pete Davidson worried his comedic chops weren't up to snuff after getting sober. When asked if there difference in performing standing since getting sober on the July 22 episode of The Tonight Show Starring Jimmy Fallon, the Saturday Night Live alum, 31, was quick to respond, 'Oh, yeah.' 'That's what I was nervous about because I was like maybe I'm not very good, or maybe I was so high, I thought I was good,' he admitted. Host Jimmy Fallon teased, 'You were like, 'I want to see if I really did this?' I have pictures, but I don't know.' The comedian — who stars in the new movie, — revealed his concerns were unfounded. 'I'm weirdly sharper and more aware, so it's more fun,' he shared. 'Enjoying it more,' Fallon added, to which Davidson said, 'Yeah, when people laugh, you feel it as opposed to just sitting… so high, sitting there.' In January, a source told PEOPLE that Davidson had 'been sober since September [2024], and gained twenty pounds.' 'Things are going really well for him,' the insider said, adding, 'Things are heading in the right direction.' Davidson previously checked into a wellness facility in July 2024 after also seeking treatment to address issues related to PTSD and borderline personality disorder in 2023. The source added Davidson has spent $200,000 to undergo the process of having his multiple tattoos removed from his body as part of his transformation. 'He just woke up one day and wanted them gone, and it's been a years-long process,' the source said of the procedure. During an appearance on Today the same month, Davidson — who started the long-term journey of removing his tattoos in 2020 — explained that his decision to get sober fueled his desire to change his appearance. "I got sober and I saw myself in the mirror and I was like, 'Nah. Who that?' I was like, 'I got to change it up a little bit.'" Davidson and his girlfriend Elsie Hewitt announced another major change coming in their lives: the pair are expecting their first child. Hewitt shared a series of snapshots on Instagram, including a couple of shots of her with the 31-year-old comedian, a sonogram snap and memes from Love Island USA's latest season and Spongebob Squarepants. She also included a clip of the moment the couple saw their little one. "Welp now everyone knows we had sex," she joked. A source previously confirmed to PEOPLE that the pair were dating in March after they were spotted together in Palm Beach, Florida. In photos of their beach date, the couple was seen swimming in the ocean and sharing a smooch in the water. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Two months later, an insider told PEOPLE that the couple moved in together. "Pete and Elsie have been living together in New York for the past few months," the source revealed in May. "They're splitting their time between Pete's house in upstate New York and a brownstone they recently started renting in Brooklyn." "They're so happy together and doing great," the insider added. Read the original article on People
Miami Herald
21 hours ago
- Entertainment
- Miami Herald
Pete Davidson ‘couldn't be more excited' to fulfill ‘dream' of becoming a father
Pete Davidson is about to land his biggest role yet — and it's not on the big screen. The 31-year-old 'Saturday Night Live' alum is expecting his first baby with his girlfriend Elsie Hewitt, whom he has been romantically involved with since March, according to E! News. Hewitt announced her pregnancy on July 16 with a series of photos and videos on Instagram. On July 22, Davidson opened up about his upcoming role as a father while promoting his new horror film 'The Home,' which is set to be released July 25. 'I'm very lucky and very, very happy,' he told E! News at the film's New York premiere. 'I assume you just try to give them what you didn't have, and what you didn't like, not do it,' he explained, adding that he's most excited to 'take care of something and show it the childhood I didn't have.' Davidson has even received some sound advice from fellow 'SNL' stars Adam Sandler and Colin Jost. 'Everybody's just been super excited for me, because they know it's been my dream,' Pete added. 'They all just have been like, 'You're going to be great at this. It's the best thing you'll ever do in your life.'' In an interview with Entertainment Tonight, also at the premiere, Davidson noted that being a father has 'been my dream forever, since I was a little kid.' 'Honestly, I couldn't be more excited,' he told Entertainment Tonight. The 'Bupkis' actor later praised his girlfriend and described her as one of his 'favorite people.' 'The baby's mother is one of my favorite people to exist ever. She's going to be a great mom,' he told ET. 'I'm just stoked and I hope to be the dad that I hope that I would have.' Davidson has been open about wanting to be a father for several years. During a 2022 appearance on Kevin Hart's 'Hart to Heart' talk show, Davidson described fatherhood as his 'favorite thing ever' that he has yet to achieve. 'That's like my dream. It's like, super corny,' Davidson, who was dating Kim Kardashian at the time, told Hart. 'It would be so fun. Dress up the little dude,' he added. 'That's kind of what I'm just preparing for now, is just trying to be as good as a dude, develop and get better so when that happens it's just easier.' Now that he has a baby on the way, Davidson says it's the only thing that matters. 'I did it!' he quipped to Jimmy Fallon during his July 22 appearance on 'The Tonight Show.' 'Anybody who knows me, it's my dream to be a dad, so I'm so excited, Elsie is excited, I'm excited to see her be a mom,' he continued. 'It's the best. Everything else doesn't really matter anymore. It's nice.' Davidson and Hewitt sparked relationship rumors in March after photos of the couple on vacation together went viral online, according to The Daily Mail. Their relationship was confirmed by E! News and Us Weekly shortly after. The couple were then spotted courtside at a New York Knicks game on April 6 before making their red carpet debut at the Endometriosis Foundation of America's annual fundraising gala in May. Hewitt, who has endometriosis, brought Davidson as her date to the gala, per Us Weekly. Hewitt has been linked to Jason Sudeikis, Ryan Phillippe and Benny Blanco in the past, while Davidson's dating history includes Kate Beckinsale, Kim Kardashian and Ariana Grande, per Harper's Bazaar.
USA Today
a day ago
- Entertainment
- USA Today
Expectant dad Pete Davidson says his 'dream' is to be a father
Expectant dad Pete Davidson is opening up about his "dream." The "Saturday Night Live" alum and "Bupkis" star got candid with E! News about expecting his first child with girlfriend Elsie Hewitt, who announced her pregnancy in a July 16 Instagram post. Davidson told E! at the New York premiere of "The Home" on July 22 that "everybody's just been super excited for me, because they know it's been my dream." "I'm very lucky and very, very happy," Davidson told the entertainment outlet, adding that he is excited "to take care of something and show it the childhood I didn't have. I assume you just try to give them what you didn't have, and what you didn't like, not do it." Pete Davidson expecting first child with new girlfriend Elsie Hewitt "They all just have been like, 'You're going to be great at this. It's the best thing you'll ever do in your life.' (Adam) Sandler gave me some great advice," he continued, revealing that Colin Jost has shared his advice, too. Earlier this month, Hewitt shared a sweet carousel of photos, which also included a brief clip of the couple looking at their baby's sonogram. Other photos from the post featured a candid shot of Davidson and Hewitt snuggling while Hewitt cradled her growing baby bump, as well as an apropos SpongeBob SquarePants meme that read, "One of y'all hiding your pregnancy, I can feel it." "Welp, now everyone knows we had sex," Hewitt captioned the cheeky pregnancy announcement. The couple's news comes four months after he and Hewitt sparked speculation of a romance. Paparazzi photos of the then-rumored couple engaging in beach day PDA at a waterfront hotel in Palm Beach, Florida, were released by the Daily Mail. After years of public ups and downs in the relationship department, including flings with some of the world's most famous women, Davidson has seemingly found his happily ever after. He was previously engaged to music superstar Ariana Grande and also dated reality TV star Kim Kardashian. Additionally, the comedian's also been tied to Cazzie David, Kate Beckinsale, Margaret Qualley, Chase Sui Wonders, Madelyn Cline and Kaia Gerber. Contributing: Edward Segarra
Elle
a day ago
- Entertainment
- Elle
Pete Davidson on Becoming a Father: 'It's Been My Dream Forever'
THE RUNDOWN: Pete Davidson is ready for fatherhood. At the New York City premiere of his new horror movie The Home on July 22, Davidson said that he 'couldn't be more excited' about becoming a dad. 'As you know, it's been my dream forever since I was a little kid,' he told Entertainment Tonight. 'The baby's mother is one of my favorite people to ever exist, ever. She's going to be a great mom, and I'm just stoked. And I hope to be the dad that I hoped that I would have.' He shared with E! that he's 'very lucky and very, very happy.' Davidson also said that he can't wait to 'take care of something and show it the childhood I didn't have.' His good friends, like Adam Sandler, have also given him some parenting tips. 'Everybody's just been super excited for me, because they know it's been my dream,' he added. 'They all just have been like, 'You're going to be great at this. It's the best thing you'll ever do in your life.' Sandler gave me some great advice.' The support extends to his family, too. A source shared with E! that his mom is 'thrilled' and 'can't wait to become a grandma.' The baby news broke last week when his girlfriend, Elsie Hewitt, announced that they are expecting their first child on Instagram. 'Welp now everyone knows we had sex,' she wrote in her caption. The couple was first linked in March when they were spotted on vacation in Palm Beach, Florida. Davidson revealed that they first met through mutual friends. 'We weren't really looking for anything and we immediately were just like, 'Oh, wow.'' He continued, 'I would say she's female me, and I'm male her. We just laugh all day.' Davidson's movie, The Home, hits theaters this Friday, July 25.
